Consider Your Loved Ones and Your Legacy
August is National Make a Will Month, an annual reminder to take an important step many people put off: creating or updating a will. As students return to campus and the month winds down, take a moment to think about your plans for the future.
Life is busy, and it is not always easy to carve out time for these conversations. However, an up-to-date will and current beneficiary designations can help ensure your wishes are honored, provide clarity for your loved ones, and give you peace of mind.
For many Ball State alumni and friends, creating a will is also an opportunity to consider the legacy they hope to leave for their families and future generations.
Why Is Having a Will Important?
A will allows you to:
- Decide how your assets will be distributed.
- Name guardians for minor children.
- Choose someone to carry out your wishes.
- Help reduce confusion and stress for your loved ones.
- Support the people and organizations that matter most to you.
Is It Time to Update Your Plans?
If you already have a will, consider reviewing it after major life changes, including:
- Marriage or divorce.
- The birth or adoption of a child or grandchild.
- Moving to a new state.
- Purchasing a home or another significant asset.
- Changes in your financial situation.
- The loss of a loved one.
- Changes to your chosen executors, trustees, guardians, or beneficiaries.
Remember to review the beneficiary designations on retirement accounts, life insurance policies, and investment accounts, too.
Getting Started Is Easier Than You Think
Begin by listing your assets, considering how you would like them distributed, and deciding whom you trust to carry out your wishes. A qualified attorney can help ensure your documents reflect your goals and follow state law.
Our Gift Planning team also offers complimentary resources, including a free planning toolkit. To request your toolkit or ask a question, email giftplanning@bsu.edu.
You can also learn more about making a gift through your will or trust.
Continue Your Legacy of Beneficence
Beneficence is more than a statue on the Quad. It represents the spirit of generosity that has shaped Ball State University since its founding.
Including Ball State in your will, trust, or beneficiary designation helps sustain scholarships, academic programs, research, student experiences, and other campus priorities. You can direct your gift to the areas that matter most to you, ensuring your generosity reflects your values and creates opportunities for future Cardinals.
We’re Here to Help
Whether you are considering a future gift to Ball State or simply have questions about getting started, our Gift Planning team is happy to work with you and your professional advisors to discuss giving strategies that align with your philanthropic goals and family needs.
Email giftplanning@bsu.edu to request your free planning toolkit or connect with a member of our team.
We look forward to connecting!
Carmella Hise, JD
Assistant Vice President of Development
Thomas G. Ayer, JD/MBA
Senior Director of Gift Planning
Jessica Myers
Planned Giving Stewardship Specialist
Every planned gift, regardless of size, helps sustain Ball State’s mission and creates opportunities for students and our communities for generations to come.
This information is intended for educational purposes only and should not be considered legal, tax, or financial advice. Please consult your attorney, tax advisor, or other professional advisors regarding your individual circumstances.